TechTaffy

tech:

taffy

Loton Will Merge With FilmOn

By TechTaffy Desk

Loton has signed a non-binding letter of intent to acquire FilmOn.TV. FilmOn.TV holds a license and franchise agreement from FilmOn.com, the Internet-based, high-definition television (IPTV) service provider with properties in the U.S. and Europe.  The letter of intent is subject to due diligence and negotiation of a definitive acquisition agreement, and certain other conditions, and is exclusive to Loton for 60 days.  If the transaction is completed, Loton will merge with FilmOn.

FilmOn delivers ubscription-based television services to IP-enabled devices including TVs, set-top boxes, PCs, mobile phones, and tablets.

Just in

Industry

Boston Dynamics unveils fully-electric Atlas robot

Boston Dynamics is retiring its hydraulic Atlas robot and introducing a fully electric version of its humanoid robots. 
Industry

Tech giants urge EU to prioritize digital competitiveness and infrastructure investment

Five major technology companies - Ericsson, IBM, Intel, Nokia, and Vodafone - called on European policymakers to take urgent action to boost Europe's digital competitiveness and keep it a priority for the incoming European Commission.
AI

Intel’s neuromorphic system has neuron capacity of an owl’s brain

Intel says it has built the world's largest neuromorphic computing system called Hala Point, that has the neuron capacity roughly equivalent to that of an owl brain.
AI

AMD launches AI chips for business PCs

AMD has announced new Ryzen PRO 8040 Series mobile processors and Ryzen PRO 8000 Series desktop processors with AI capabilities.
AI

Adobe previews generative AI features in Premiere Pro

Adobe has previewed generative AI features within its video editing software, Adobe Premiere Pro, aimed at streamlining video creation and production workflows.